Nutraceuticals: Regulatory Landscape and Market Dynamics in the Indian Scenario

1Department of Regulatory Affairs, Shri Vishnu College of Pharmacy, Kovvada, Andhra Pradesh, INDIA

Corresponding author.

Correspondence: Dr. K. Venkateswara Raju Department of Regulatory Affairs, Shri Vishnu College of Pharmacy, Kovvada, Andhra Pradesh, INDIA. Email: venkateswararaju.k@svcp.edu.in
Received June 27, 2023; Revised July 20, 2023; Accepted August 20, 2023.
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Citation

1.Nori LP, Sowmya P, Madhusree T, Raju KV. Nutraceuticals: Regulatory Landscape and Market Dynamics in the Indian Scenario. Journal of Young Pharmacists [Internet]. 2023 Dec 22;15(4):595–603. Available from: http://dx.doi.org/10.5530/jyp.2023.15.84
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Published in: Journal of Young Pharmacists, 2023; 15(4): 595-603. Published online: 07 December 2023DOI: 10.5530/jyp.2023.15.84

ABSTRACT

Numerous diseases can be prevented and treated with the help of Nutraceuticals. They have become an integral part of daily food intake for every human due to the increase in lifestyle-related health issues. Ensuring the enforcement of safety and quality standards is of utmost importance, particularly considering the widespread global usage of vitamins, minerals, fatty acids, prebiotics, probiotics, and herbal supplements for both preventive and therapeutic purposes. The necessity for the development of such regulatory guidelines has been further highlighted by the fast-growing global Nutraceutical business. Even though rules in the US, UK, and Europe have been simplified and made more conductive to growth of Nutraceutical product ecosystem, the Indian Nutraceutical companies and the regulatory landscape are still in their nascent stage and have a lot of room to grow and compete with other international organisations. India’s Nutraceuticals industry is expanding quickly, and several measures have been made to position the country as a major role in the future of the sector.
Keywords: Nutraceuticals, Vitamins, Minerals, Global Nutraceutical business, International organisations